Optio Group, a leading specialty MGA, today announces it has acquired a strategic investment in Italian MGA Heca S.r.l. (Heca) for an undisclosed sum. This investment demonstrates Optio’s confidence in Heca’s potential for continued success and supports Optio’s European expansion strategy. […]

Optio Group, a leading specialty MGA, is pleased to announce the appointment of Deepak Soni as Chief Executive Officer. […]

With Q1 of 2024 showing some (and whisper it quietly…) positive indicators of a gradual upturn in M&A for the year, it also gives us a chance to reflect on the many themes and trends of the last 12 months. One theme that we have noticed in particular, but which we do not often see discussed, is a resurgence in the number of requests for a sell-side policy. […]

Subcontracting trade work is common practice in the construction industry and managing subcontractor default risk is crucial to ensure the success of projects and partnerships at multiple levels. For general contractors (GC’s), building positive working relationships with subcontractors while protecting their interests is vital. Striking a balance between these goals is key when detailing subcontract terms. Clear and fair, yet effective, subcontract terms can help achieve this, while reducing the likelihood of default and minimizing the potential for disputes. Consulting with legal experts experienced in preparing and reviewing subcontracts is invaluable. That said, below are some important best-practice subcontract clause elements to initially consider. […]

Optio Group, the specialty MGA, today announces it has entered into an agreement with a new insurer partner to provide underwriting capacity for political violence and terrorism (PVT) risks. […]